Schwab US Dividend Equity ETF $SCHD Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 589,048 shares of the company’s stock after acquiring an additional 32,490 shares during the quarter. DAVENPORT & Co LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,081,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Kozak & Associates Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares in the last quarter. PrairieView Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares in the last quarter. Financial Management Professionals Inc. grew its holdings in Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new position in Schwab US Dividend Equity ETF in the second quarter worth $39,000. Finally, Independence Bank of Kentucky acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $41,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.66 on Thursday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The firm has a market capitalization of $71.52 billion, a P/E ratio of 14.57 and a beta of 0.77. The company’s fifty day moving average is $27.19 and its two-hundred day moving average is $27.17.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.